Beau says central bank money is safer, more liquid and less volatile than stablecoins
A deputy governor of France’s central bank has said the eurozone needs to draft financial regulations that do not “stifle innovation” for its own central bank digital currency (CBDC).
In a speech at the Singapore Fintech Festival, Denis Beau said the digital euro’s framework needed to be “sufficiently demanding to ensure that stakeholders are protected” and to guarantee stability in both the financial and payments systems.
Beau also wanted central bank money to be used to settle payments for
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
Most read articles loading…
Back to Top
You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.
Sign in
You are currently on corporate access.
To use this feature you will need an individual account. If you have one already please sign in.
Sign in.
Alternatively you can request an individual account
.
